US Oil Drillers Slow Activity As Prices Hurt, Even in Permian

US Oil Drillers Slow Activity As Prices Hurt, Even in Permian

The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that Baker Hughes published on Friday, following a 3-rig decrease last week. The total rig count in the US fell by 6 to 578 rigs, according to Baker Hughes, down 25 from this same time last year. The number of oil rigs fell by 5 to 474 after falling by 4 during the previous week—and down by 22 compared to this time last year. Th…

US Oil and Gas Rig Count Falls to Lowest Since January, Baker Hughes Says - Energy News, Top Headlines, Commentaries, Features & Events

U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by six to 578 in the week to May ...

U.S. rig count decreased by 6 is at 578 – Oil & Gas 360

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 6 over last week, resulting in a total count of 578 rigs. Canada had a decrease of 6 over last week, resulting in a total Canadian count of 114 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Granite Wash region experienced an increase this week. Meanwhile, 2 regions experienced a decrease this week: The DJ-Niobrara is at 5, down 1. The Permian is at 2